SEC Form 4 · accession 0001140361-16-075486
Carbonite Inc · CARB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeffry Flowers
Director
Period of report
Aug 5, 2016
Accepted (ET)
Aug 9, 2016 · 4:49 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001340127
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Aug 5, 2016 | S | 5,235 | $12.90 | D | 239,527 | D | |
| Common StockF1,F2 | Aug 5, 2016 | S | 1,745 | $12.90 | D | 61,958 | I | By Spouse |
| Common StockF3 | Aug 8, 2016 | S | 31,500 | $13.01 | D | 208,027 | D | |
| Common StockF3,F2 | Aug 8, 2016 | S | 10,500 | $13.01 | D | 51,458 | I | By Spouse |
| Common StockF4 | holding | — | — | — | 26,316 | I | By Trust | |
| Common StockF5 | holding | — | — | — | 174,848 | I | By Trust | |
| Common StockF6 | holding | — | — | — | 17,000 | I | By Trust | |
| Common StockF7 | holding | — | — | — | 26,316 | I | By Trust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $12.85 to $12.93, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F2These shares are owned by the reporting person's spouse. The reporting person disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest therein and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for Section 16 or any other purpose.
- F3The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $12.88 to $13.08, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F4These shares are owned by the Laurie Flowers 2010 Grantor Retained Annuity Trust. The reporting person's spouse is the trustee of the trust. The reporting person disclaims beneficial ownership of these securities and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for Section 16 or any other purpose.
- F5These shares are owned by the Jeffry and Laurie Flowers 2012 Family Irrevocable Trust. The reporting person and the reporting person's spouse are trustee of the trust. The reporting person disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest therein and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for Section 16 or for any other purpose.
- F6The reporting person maintains investment and dispositive power of the shares, but disclaims any pecuniary interest in such shares.
- F7These shares are owned by the Jeffry Flowers 2010 Grantor Retained Annuity Trust. The reporting person is trustee of the trust. The reporting person disclaims beneficial ownership of these securities and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for Section 16 or any other purpose.